The sold production of electronic integrated circuits in Italy displayed fluctuating trends over the past decade. From a significant rise of 26.5% in 2013 to a notable dip of 25.19% in 2014, the market witnessed varying growth patterns, influenced by global market conditions and technological advancements. The period from 2015 through 2019 saw relatively steady growth, particularly in 2018 with a 26.79% increase. Despite a drop of 8.05% in 2020, the market rebounded with a 15.16% growth in 2021. However, this was followed by minor contractions, culminating in modest growth of 2.46% by 2023, at a value of 2.1631 billion Euros. Over the last five years, the compound annual growth rate (CAGR) was 2.51%.
Looking ahead, the forecast for the period through 2028 indicates a positive trajectory with a projected CAGR of 1.75% and an overall growth rate of 9.06%. This suggests a stable yet modest increase in production volumes, driven by advancements in semiconductor technologies and growing demand across various sectors.
Future trends to watch for include:
- Adoption of cutting-edge semiconductor technologies.
- Expansion of the Internet of Things (IoT).
- Growth in automotive and industrial electronics markets.
- Potential impacts of geopolitical events and supply chain disruptions.
These factors will likely shape the production volumes and market conditions for electronic integrated circuits in Italy.
